We are pleased to announce our contribution to the latest publication of “Lending and Taking Security in Nigeria: Overview” published by Thomson Reuters Practical Law. Udo Udoma
Our Banking & Finance, Capital Markets, and Fintech teams partner, Yinka Edu, was recently featured in the International Financial Law Review (IFLR) ‘Five Minutes With’
We are pleased to have contributed to Enterprise NGR’s State of Enterprise (SOE) 2025 Report, launched earlier this month. Our team worked on the Professional
The Central Bank of Nigeria (“CBN”) recently issued a letter to all Nigerian banks announcing a temporary suspension of dividend payments, payment of bonuses to
Remittances from Nigerians in the diaspora have become a critical driver of Nigeria’s foreign exchange earnings and Gross Domestic Product. As such, they play a
In November 2024, the Central Bank of Nigeria (CBN) issued the Revised Guidelines for the Nigerian Foreign Exchange Market (NFEM). This change allowed Bureaux de
The Nigerian Banking and Finance Sector: 2024 Review and 2025 Outlook The Nigerian banking and finance sector faced major regulatory changes in 2024. The Central
The Central Bank of Nigeria (the “CBN”), on 2 October 2024, issued a circular titled “Introduction of the Electronic Foreign Exchange Matching System in the
Islamic Finance in Nigeria, though still developing, has achieved significant growth, with the industry stated to have grown from NGN 1.5 trillion in 2022 to
The Central Bank of Nigeria (“CBN”) has consistently been expressing its policy drive to deepen the Nigerian autonomous foreign exchange market (“FX Market”) and to